On 27 October 2025, Hong Kong Robotics Group Holding Limited (the “Company,” stock code: 370) granted a total of 24,000,000 awarded shares under its share award scheme adopted on 10 September 2025. The grants cover three categories of grantees:
Category A assigns 2,000,000 shares to a non-executive Director and deputy chairman, subject to two vesting stages over 12 months.
Category B allocates 1,000,000 shares to an executive Director and chief executive officer and 20,500,000 shares to 20 employees, with a four-stage vesting schedule over 24 months (every six months).
Category C grants 500,000 shares to one employee, with full vesting after 12 months.
All vestings depend on performance targets at both individual and Group levels, including assessments of operational efficiency and key performance indicators. Any unvested shares may be clawed back if the grantee is found to have engaged in serious misconduct or other violations as specified in the scheme rules. Once vested, the awarded shares are not subject to clawback. The market price of the Company’s shares on the grant date was HK$1.02 per Share.
Following the above grant, 185,150,099 shares remain available for future awards under the Company’s share award scheme. According to the announcement, the purposes of these grants are to align participants’ interests with those of the Group and to retain talent for the Group’s long-term growth. The grant to two Directors has been approved by the independent non-executive Directors and the remuneration committee of the Company.
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